Anderson Industrial Corp. (1528) AI Stock Analysis

Anderson Industrial Corp.

(TWSE:1528)

Select Model

Rating:42Neutral

Price Target:TWD 22.50▼(-19.64% Downside)

Action:initiatedcoverage

Date:11/10/26

The overall score is very low, driven primarily by the company's weak financial performance. Persistent revenue declines, ongoing net losses, and negative free cash flow are major red flags that overshadow any marginal operational improvements. The negative P/E ratio confirms a lack of earnings power, and the negligible dividend yield offers no compensation. Technical indicators are neutral and do not provide a strong enough counterbalance to the fundamental risks.

Positive Factors

Resilient Gross MarginGross-margin resilience, including an improvement in 2025, indicates the company has retained some product or pricing economics despite weaker demand. This provides a foundation for recovery if revenue stabilizes, although profitability still depends on restoring operating and net margins.

Negative Factors

Persistent LossesThe shift from profits to three consecutive years of losses indicates that the current business model is not converting revenue into sustainable shareholder returns. Continued negative net margin can erode equity, restrict reinvestment, and make recovery dependent on a meaningful improvement in operating profitability.

Anderson Industrial Corp. (1528) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 5.55B
Dividend Yield: 0.35%
Average Volume (3M): 9.83M
Price to Earnings (P/E): -67.3
Beta (1Y): 0.72
Revenue Growth: 2.48%
EPS Growth: 45.58%
Country: TW
Employees: 1,009
Sector: General
Sector Strength: 55
Industry: Industrial - Machinery

Anderson Industrial Corp. Business Overview & Revenue Model

Company Description

Anderson Industrial Corporation designs, manufactures, and sells computer numerical control (CNC) machinery in Asia, Europe, North America, South America and internationally. The company operates through Machinery and Wood Panels segments. It provide...

Anderson Industrial Corp. Financial Statement Overview

Summary

Financial health is weak. Revenue is in steady decline, and the company has posted three consecutive years of net losses. While gross margins have improved slightly and the EBIT margin turned marginally positive, free cash flow is deeply negative, and return on equity remains negative. Rising debt levels further compound the risk.

Income Statement

28Negative

Balance Sheet

35Negative

Cash Flow

30Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.17B	2.80B	3.67B	3.88B	3.79B	3.59B
Gross Profit	918.87M	788.59M	928.51M	970.95M	1.12B	928.25M
EBITDA	142.19M	175.78M	42.02M	188.43M	357.35M	421.54M
Net Income	-81.12M	-67.15M	-155.58M	-14.95M	155.67M	218.22M
Balance Sheet
Total Assets	5.63B	5.24B	5.31B	5.56B	5.56B	5.10B
Cash, Cash Equivalents and Short-Term Investments	1.10B	1.14B	1.23B	1.23B	1.19B	1.11B
Total Debt	2.35B	2.46B	2.33B	2.28B	2.05B	1.86B
Total Liabilities	3.46B	3.03B	3.01B	3.06B	3.06B	2.81B
Stockholders Equity	2.12B	2.16B	2.23B	2.40B	2.39B	2.18B
Cash Flow
Free Cash Flow	-87.62M	-127.51M	154.21M	-205.16M	6.79M	81.86M
Operating Cash Flow	-11.00M	168.22M	267.75M	-134.19M	123.94M	127.93M
Investing Cash Flow	-108.89M	-440.70M	-258.50M	-172.47M	-286.88M	151.15M
Financing Cash Flow	-244.98M	45.30M	-7.54M	173.30M	154.01M	-245.98M

Anderson Industrial Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:1528 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:1580	71Outperform	TWD 4.67B	8.73	―	8.93%	-5.35%	-15.54%
TW:6122	63Neutral	TWD 4.25B	11.32	―	6.40%	4.43%	6.20%
TW:6983	63Neutral	TWD 4.37B	53.41	―	2.06%	―	―
TW:6859	61Neutral	TWD 4.41B	52.29	―	1.89%	-30.46%	-30.77%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:1528	42Neutral	TWD 5.17B	-67.31	―	0.35%	2.48%	45.58%

* General Sector Average

Performance Comparison

TW:1528 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:1528	Anderson Industrial Corp.	28.00	13.10	87.92%
TW:1580	Sinmag Equipment Corporation	95.20	-33.30	-25.92%
TW:6122	King Polytechnic Engineering Co., Ltd.	53.10	12.35	30.32%
TW:6859	Best Precision Industrial Co.,Ltd.	106.00	12.52	13.39%
TW:6983	HUA YANG Precision Machinery Co., Ltd.	242.50	111.81	85.56%
TW:7783	Giant Heavy Machinery Service Corp.	73.40	-60.83	-45.32%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 10, 2026

Anderson Industrial Corp. AI Stock Analysis